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Jack of all trades? Product diversification in nonfinancial firms

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  • Mitchell Berlin

Abstract

While financial firms keep searching for the secret formula to make profits out of providing multiple financial services under one roof, nonfinancial firms seem headed in the opposite direction. What can financial firms learn from the experience of diversified nonfinancial firms and those firms that have increased their focus? Mitchell Berlin examines this question and offers some possible explanations as to why nonfinancial firms have found it so hard to profit from diversification.

Suggested Citation

  • Mitchell Berlin, 1999. "Jack of all trades? Product diversification in nonfinancial firms," Business Review, Federal Reserve Bank of Philadelphia, issue May, pages 15-29.
    • Handle: RePEc:fip:fedpbr:y:1999:i:may:p:15-29
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    References listed on IDEAS

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    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. WSJ on Conglomerates
      by Peter Klein in Organizations and Markets on 2011-02-05 00:56:33

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    Cited by:

    1. Mitchell Berlin, 2001. "\\"We control the vertical\\": three theories of the firm," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 13-22.

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